First Citizens BancShares Cash Flow Statement
NASDAQ: FCNCAFinanceMajor BanksUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
First Citizens BancShares free cash flow
In fiscal 2025, First Citizens BancShares generated $2.92 billion of operating cash flow and spent $710.0 million on capital expenditures. That left free cash flow of $2.21 billion, a free-cash-flow margin of 23.2% of revenue. Free cash flow was down 13.5% from the prior year's $2.56 billion.
First Citizens BancShares returned $3.19 billion to shareholders: $161.0 million in dividends and $3.03 billion in share repurchases, equal to 144% of free cash flow. Free cash flow covered dividend payments 13.7 times.
Summary generated from market data by MetaCap's automated system. Methodology
First Citizens BancShares cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 2.21B | 2.78B | 11.47B | 1.10B | 547.00M | 492.00M | 457.37M | 400.31M | 323.75M | 225.48M |
| Net Income growth (YoY) | -20.56% | -75.78% | +944.26% | +100.73% | +11.18% | +7.57% | +14.25% | +23.65% | +43.58% | +7.18% |
| Depreciation & Amortization | 314.00M | 276.00M | 225.00M | 142.00M | 107.00M | 109.00M | 103.83M | 96.78M | 90.80M | 88.78M |
| Stock-Based Compensation | 0 | 0 | 5.00M | 19.00M | 0 | 0 | — | — | — | — |
| Change in Working Capital | -112.00M | -529.00M | -173.00M | 744.00M | -728.00M | -150.00M | -40.27M | 4.03M | -57.87M | -32.72M |
| Operating Cash Flow | 2.92B | 2.99B | 2.66B | 2.79B | -284.00M | 376.00M | 578.25M | 453.77M | 355.26M | 230.51M |
| Capital Expenditures | -710.00M | -429.00M | -405.00M | -155.00M | -107.00M | -133.00M | -121.08M | -140.44M | -84.80M | -81.84M |
| Investing Cash Flow | -5.61B | -10.15B | 2.43B | 75.00M | -7.57B | -9.91B | -1.60B | 101.14M | -668.67M | -1.10B |
| Dividends Paid | -161.00M | -158.00M | -117.00M | -83.00M | -42.00M | -30.00M | -18.14M | -16.78M | -14.41M | -14.41M |
| Share Repurchases | -3.03B | -1.65B | 0 | -1.24B | 0 | -334.00M | -453.12M | -163.09M | 0 | 0 |
| Debt Issued | 1.84B | 0 | 9.99B | 3.85B | 0 | 746.00M | 200.00M | 125.00M | 175.00M | 150.00M |
| Debt Repaid | -2.85B | -450.00M | -13.12B | -5.10B | -54.00M | -87.00M | — | -752.45M | -6.96M | -9.28M |
| Financing Cash Flow | 2.67B | 7.07B | -4.70B | -2.69B | 7.83B | 9.52B | 1.07B | -563.62M | 109.82M | 875.54M |
| Net Change in Cash | -13.00M | -94.00M | 390.00M | 180.00M | -24.00M | -15.00M | 49.28M | -8.71M | -203.59M | 5.66M |
| Free Cash Flow | 2.21B | 2.56B | 2.25B | 2.64B | -391.00M | 243.00M | 457.17M | 313.32M | 270.46M | 148.66M |
This table shows 10 annual periods of First Citizens BancShares's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow FCNCA's reporting calendar. What is a cash flow statement?